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Future Sniffer: HAP RSI TeslaFuture Sniffer: HAP RSI Tesla Visual 🚗⛽ Description (English): This is the HAP RSI indicator with a Tesla car 🚗 and fuel can ⛽ visualization. It’s designed for clear visual signals of market momentum and RSI strength. Features: - Tesla Car (🚗): Shows on strong RSI signals, positioned above the bar. - Fuel Can (⛽): Small and semi-transparent, appears under the car to indicate signal readiness. - RSI Value: Displayed above the fuel can, fully visible and not blocked by the bidon. - Signal Quality: Strong, medium, and weak signals are color-coded (green shades). - Dynamic Bands: Upper, middle, and lower RSI bands for visual reference. - Histogram: Smooth RSI histogram for trend strength. - Background Highlight: Optional background coloring for quick visual recognition of signal quality. Important: - Works best with overlay = false. - Strong signals are calculated using RSI increase, ADX weakening, and volume confirmation. - ⚠️ In volatile or low-volume markets, signals may be less reliable. Copy Description
Pine Script® göstergesi
onderarslantas107 tarafından
Tesla RSI Dashboard This is the HAP RSI indicator with a Tesla car 🚗 and fuel can ⛽ visualization. It’s designed for clear visual signals of market momentum and RSI strength. Features: Tesla Car (🚗): Shows on strong RSI signals, positioned above the bar. Fuel Can (⛽): Small and semi-transparent, appears under the car to indicate signal readiness. RSI Value: Displayed above the fuel can, fully visible and not blocked by the bidon. Signal Quality: Strong, medium, and weak signals are color-coded (green shades). Dynamic Bands: Upper, middle, and lower RSI bands for visual reference. Histogram: Smooth RSI histogram for trend strength. Background Highlight: Optional background coloring for quick visual recognition of signal quality. Important: Works best with overlay = false. Strong signals are calculated using RSI increase, ADX weakening, and volume confirmation. ⚠️ In volatile or low-volume markets, signals may be less reliable.
Pine Script® göstergesi
onderarslantas107 tarafından
Piv X# Piv X Pro - Multi-Layer Reversal Detection System ## Overview Piv X Pro is an advanced technical analysis indicator that combines dynamic pivot detection, Williams %R momentum divergence analysis, and multiple VWAP anchoring methods to identify high-probability mean reversion opportunities. Unlike simple indicator combinations, this script implements a layered filtration system where each component validates and refines signals from the previous layer, resulting in significantly fewer but higher-quality reversal setups. ## Core Methodology ### 1. Dynamic ATR-Based Pivot Detection The script uses an adaptive pivot detection algorithm that adjusts sensitivity based on market volatility. Instead of fixed lookback periods, pivot strength is calculated dynamically using Average True Range (ATR): **Calculation:** `pivot_strength = max(min_strength, min(ATR / mintick * multiplier, max_strength))` This ensures: - More sensitive pivots in low volatility (smaller ATR) - More significant pivots in high volatility (larger ATR) - Automatic adaptation across different market conditions and timeframes **Significance Filtering:** Pivots must exceed a minimum ATR distance from recent price action (default 0.3 ATR) to filter noise. This prevents minor price fluctuations from being marked as significant pivots. **Volume Confirmation (Optional):** Pivots can optionally require volume spikes (default 1.5x average volume) to ensure institutional participation. ### 2. Williams %R Momentum Divergence Engine The script detects classic and hidden divergences between price pivots and Williams %R oscillator readings: **Bullish Divergence Detection:** - Price makes a lower low (confirmed pivot low) - Williams %R makes a higher low (momentum improving) - Divergence occurs in oversold zone (Williams %R ≤ -80) - Lookback range: 60 bars maximum **Bearish Divergence Detection:** - Price makes a higher high (confirmed pivot high) - Williams %R makes a lower high (momentum weakening) - Divergence occurs in overbought zone (Williams %R ≥ -20) - Lookback range: 60 bars maximum **Divergence-Anchored VWAPs:** When a divergence is detected, a new VWAP calculation begins from that point, tracking institutional positioning relative to the momentum shift. This provides a dynamic mean reversion target that resets at each confirmed divergence. ### 3. Confluence Scoring System Each detected pivot receives a numerical score (0-150+ points) based on multiple independent confirmation factors: **Scoring Components:** - Base Pivot Detection: 10 points - Volume Spike Confirmation: 15 points - Higher Timeframe Trend Alignment (4H EMA): 20 points - RSI Extreme Levels (oversold/overbought): 25 points - Mean Reversion Distance (>2.5 ATR from HTF MA): 20 points - Exhaustion Patterns (price move + volume spike): 10 points - ATR Price Confirmation: 10 points - RSI Divergence: 15 points - Swing Failure Pattern (SFP): 15 points - Liquidity Sweep: 10 points - Candle Reversal Confirmation: 10 points - Key Level Alignment (previous day/week highs/lows): 10 points - Fair Value Gap (FVG) Fill: 10 points - Session Weighting (London/NY sessions): 10 points - Multi-Timeframe Pivot Confluence: 15 points **Zone Classification:** - Regular Zones: Score 60-89 (green/purple boxes) - Golden Zones: Score 90+ (yellow boxes with thicker borders) Higher scores indicate stronger confluence and higher probability setups, but no prediction is guaranteed. ### 4. Mean Reversion Distance Filter The script calculates how far price has stretched from the higher timeframe moving average: **Calculation:** `distance_from_htf_ma = (close - HTF_EMA) / ATR` **Mean Reversion Condition:** - For long setups: Price >2.5 ATR below HTF EMA when HTF trend is up - For short setups: Price >2.5 ATR above HTF EMA when HTF trend is down This ensures pivots are only highlighted when price is statistically stretched and likely to revert toward the mean. ### 5. Multi-Period VWAP Framework The script provides multiple VWAP calculations for different analysis purposes: **Extreme VWAPs:** - Bottom VWAP: Anchored to the absolute lowest low in the lookback period (default 50 bars) - Top VWAP: Anchored to the absolute highest high in the lookback period **Periodic VWAPs:** - 4D VWAP: Resets every 4 days - 9D VWAP: Resets every 9 days - 4H VWAP: Resets every 4 hours - 8H VWAP: Resets every 8 hours - Weekly VWAP: Resets at the start of each week - Monthly VWAP: Resets at the start of each month - Yearly VWAP: Resets at the start of each year **Previous Period VWAPs:** - Previous Weekly, Monthly, and Yearly VWAPs are displayed as reference levels for support/resistance **Divergence VWAPs:** - Bullish Divergence VWAP: Resets at each bullish Williams %R divergence - Bearish Divergence VWAP: Resets at each bearish Williams %R divergence ### 6. IBSS Pro Mean Reversion System An integrated scalping system that provides entry signals within high-probability pivot zones: **Components:** - Dual EMA System: Fast EMA (12) and Slow EMA (26) with color-coded trend visualization - RSI Oversold/Overbought Detection: Configurable levels (default 30/70) - Zone-Based Entry: Signals only trigger when price is within active pivot zones (0.3 ATR around confirmed pivots) - ATR-Based Dynamic Stops: Stop losses trail with position using ATR multiplier **Signal Generation:** - Buy signals: RSI crosses above oversold + Fast EMA > Slow EMA + Price in pivot low zone - Sell signals: RSI crosses below overbought + Fast EMA < Slow EMA + Price in pivot high zone ## Why This Combination is Unique This is not a simple indicator mashup. The components work together in a specific hierarchy: 1. **Williams %R Divergence** identifies momentum shifts before price confirms the reversal 2. **Dynamic Pivots** mark actual price structure extremes with ATR-based significance filtering 3. **Confluence Scoring** quantifies setup quality using 10+ independent confirmation factors 4. **Mean Reversion Distance** confirms price is statistically stretched (>2.5 ATR from HTF MA) 5. **VWAP Framework** tracks institutional positioning and provides objective mean levels 6. **IBSS Signals** provide precise entries within high-probability zones Each layer filters the previous one, resulting in significantly fewer but higher-quality signals than any single indicator alone. The divergence-anchored VWAPs are unique - they reset at momentum shifts rather than arbitrary time periods, providing more relevant mean reversion targets. ## How to Use This Indicator ### For Swing Trading (15m-1H Charts) 1. Wait for a major pivot to form (diamond marker appears below/above bars) 2. Check the confluence score displayed in the zone label 3. Look for Golden Zones (score 90+, yellow boxes with thicker borders) 4. Enter when price enters the pivot zone (0.3 ATR around the pivot) 5. Use the nearest VWAP level as first target 6. Set stop loss beyond the pivot zone (typically 0.5-1 ATR) ### For Scalping (5m-15m Charts) 1. Enable IBSS Pro Signals in settings 2. Wait for price to enter an active pivot zone (colored boxes appear) 3. Take IBSS diamond signals that form within zones 4. Use ATR-based stop losses (dashed lines appear automatically if enabled) 5. Exit at pivot VWAP or opposite zone edge ### Visual Elements Explained - **White/Purple Crosses**: Williams Divergence VWAPs (momentum-based mean reversion targets) - **Green/Red Crosses**: Bottom/Top VWAPs (absolute extreme levels) - **Colored Boxes**: Pivot reversal zones (opacity indicates confluence score) - **Yellow Boxes**: Golden zones (90+ score, highest probability setups) - **Small Diamonds**: Regular pivot detections - **Green/Red Tiny Diamonds**: IBSS scalp entry signals (if enabled) - **White/Purple MAs**: IBSS trend filter (12/26 EMA with cloud) - **Dotted Lines**: Structure lines connecting consecutive pivots of same type - **Blue Dashed Lines**: Market Structure Shift (CHoCH) markers ### Recommended Settings **Conservative (Lower Timeframes 1m-5m):** - ATR Pivot Strength: 0.8-1.0 - Volume Threshold: 2.0 - Min Pivot Significance: 0.4-0.5 - Enable ATR Confirmation: Yes - Real-Time Mode: Off - Score Threshold: 80+ **Aggressive (Higher Timeframes 15m-1H):** - ATR Pivot Strength: 0.6-0.8 - Volume Threshold: 1.5 - Min Pivot Significance: 0.3 - Enable ATR Confirmation: No - Real-Time Mode: On - Score Threshold: 60+ ## Chart Requirements This indicator should be used **alone on a clean chart** with: - Standard candlestick or bar chart type (NO Heikin Ashi, Renko, Point & Figure, or Range charts) - No other indicators overlaid (all functionality is self-contained) - Symbol and timeframe clearly visible in chart - Full indicator name "Piv X Pro" visible in chart legend ## Important Disclaimers - Past performance does not guarantee future results - All signals are probabilistic indicators, not trading guarantees - Use proper risk management and position sizing - Test thoroughly on demo accounts before live trading - Higher confluence scores indicate better setups but no prediction is certain - Mean reversion strategies work best in ranging/choppy markets; may underperform in strong trending markets - The lookahead bias warning: HTF EMA uses `barmerge.lookahead_on` for trend filtering only (not for signal generation), which may cause historical bars to show different trend states than real-time ## Key Differentiators Unlike basic pivot or VWAP indicators: - **Dynamic ATR-based pivot detection** vs static lookback periods - **Quantified confluence scoring** vs subjective interpretation - **Mean reversion distance filtering** (>2.5 ATR from HTF MA) vs all pivots shown - **Divergence-anchored VWAPs** vs static period VWAPs - **Multi-layer confirmation system** (10+ independent factors) vs single signal generation - **Integrated scalping system** that only triggers in high-probability zones This script is open-source and available for educational purposes. Users are encouraged to understand the methodology before using it for live trading decisions.
Pine Script® göstergesi
RickyTSpanish tarafından
OI: Simple BandOI: Simple Band (Open Source) OI: Simple Band is a very simple, open-source overlay that draws a two-line moving-average band and fills the space between them to highlight trend bias and momentum shifts at a glance. What it plots EMA (Exponential Moving Average) using the selected length SMMA (Smoothed Moving Average) using the same length A ribbon fill between the two: Green when EMA > SMMA (bullish bias) Red when EMA < SMMA (bearish bias) Why use two different MAs with the same length? Even with the same length, these two averages react differently: EMA weights recent prices more heavily, so it responds faster to changes. SMMA is designed to be steadier and slower, filtering more noise. Using the same length keeps the comparison fair (same smoothing window) while still giving you a “fast vs slow response” relationship. The distance and relationship between them becomes a simple way to see: Momentum / pressure: When EMA pulls away from SMMA, price is moving with enough force to overcome smoothing. Compression: When they converge, momentum is fading and conditions often look more “balanced.” State changes: Crossovers flip the ribbon colour and can be used as a context shift (trend/bias filter), not a standalone entry/exit rule. Inputs Moving average band (length): Controls both EMA and SMMA smoothing. SMMA Source: Chooses the data used for the SMMA calculation (EMA is calculated on close). Notes This is intentionally minimal: no higher-timeframe requests, no security() calls, no signals — just a clean visual band. Like all moving averages, it updates on the live candle and will settle on bar close.
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OriginalIndicators tarafından
LARGER PRICE LINE Adjustable (UPDATED)LARGER PRICE LINE I made this so I could SEE THE PRICE LINE BETTER and try to reduce some eye strain!! Hope it helps... enjoy! comment for improvements or suggestions Improved Adjustable Size and Color for the Price Line and Price Box Adjustment for Price Line: Size and Color plus Solid Line, Dashed or Dotted Line Adjustments include: Price Box Text Size and Color (Small, Normal, Large, Huge!) Adjustable Right Side Offset for Price Box
Pine Script® göstergesi
JoeKing1 tarafından
HAP RSI (onder Edition) Overview: The HAP RSI is an advanced, adaptive RSI-based indicator designed to help traders identify potential market reversals with precision. Unlike traditional RSI tools, HAP RSI uses dynamic bands instead of fixed levels and quality-based signals to visually differentiate weak, medium, and strong reversal opportunities. It combines momentum analysis, optional ADX trends, and volume filters to provide actionable insights while reducing noise. Signal Interpretation: Bright Green / Red Arrows: Strong, high-quality reversal signals. These setups have the highest reliability. Medium Tone Arrows: Medium-strength signals; these indicate a possible reversal, but require confirmation from price action or other indicators. Faded / Soft Arrows: Weak signals; use caution and avoid trading solely based on these. Numeric RSI Display: Each arrow is accompanied by the exact RSI value at the moment of the signal, allowing traders to gauge momentum strength precisely. Color Gradients and Momentum Visualization: Arrow colors gradually fade during weak peaks and dips, providing an intuitive visual representation of momentum strength. Bright, saturated arrows indicate strong market confidence, while pale arrows indicate low confidence. Optional Filters (Advanced Use): ADX Filter: Detects strengthening or weakening trends to filter out low-probability reversals. Volume Filter: Confirms signals when volume exceeds the moving average, highlighting active market participation. Best Practices: Combine HAP RSI signals with overall market structure, trendlines, or support/resistance levels for higher accuracy. Focus primarily on bright arrows for actionable trades. Be aware that in strong trending markets or during RSI/ADX misalignment, signals may be less reliable. Use medium and faded signals as early warnings rather than direct trade triggers. Summary: HAP RSI provides a visual, quality-based approach to spotting market reversals, displaying numeric RSI values, momentum gradients, and optional trend/volume confirmation. It is ideal for traders who want both clarity and precision in detecting potential turning points in the market
Pine Script® göstergesi
onderarslantas107 tarafından
SOFT Canal BAS + alertes (extend future, offset)SOFT Parallel Channel (Base Support) with Alerts This indicator allows you to define a parallel price channel based on the lower support line, extended into the future, with clean and reliable touch alerts. The channel is defined using two historical anchor points (date/time + price) on the support line. The upper boundary is automatically calculated using a fixed channel height. Key Features 📐 Channel based on the LOWER line (support) ➡️ Extended into the future using extend.right 🔔 Alerts on touch of: Lower channel (support) Upper channel (resistance) 🧼 Anti-spam alerts (only one alert per touch) ⏱️ Optional confirmation on bar close 🎚️ Vertical offset control (move the entire channel up or down using input arrows) 👀 Optional visual labels (SUP / RES), disabled by default How It Works Select two points on the lower channel line (date/time + price for Point 1 and Point 2). Set the channel height (in Nasdaq points). Optionally adjust the vertical offset to fine-tune the channel position. Create TradingView alerts on: Touch Support Touch Resistance Recommended Settings (Nasdaq M15 / M30) Channel height: 200 – 400 points Touch tolerance: 3 – 10 points Alerts: On close + one alert per touch (cleanest behavior) Important Notes The channel becomes visible once TradingView has loaded the historical bars containing both anchor points. This script does not read manual drawing tools (TradingView limitation). The channel is fully calculated and drawn by the script itself. No repainting: the channel geometry is fixed once defined. Use Cases Trend channels Dynamic support / resistance Mean reversion trades Alert-based discretionary trading SOFT – Stéphane Olivier Fabrice Trading Designed for clean charts, precise alerts, and practical trading use.
Pine Script® göstergesi
st_serreau tarafından
Weekly Breakout Confirm + RS vs BTC + VolumePurpose The Weekly Breakout Confirmation indicator validates whether price has structurally exited a prior weekly range and whether that breakout is supported by volume expansion and relative strength vs BTC. It is a regime confirmation tool, designed to separate real breakouts from false ones. ________________________________________ Core Components 1. Weekly Donchian Channel • Upper band (green): prior weekly range high • Lower band (red): prior weekly range low • Calculated on weekly data with no repainting These levels define the structural range the market must escape to enter a new regime. ________________________________________ 2. Weekly Breakout (W BO) Triggered when: • Weekly close breaks above the upper Donchian band • Volume confirms expansion • Optional filter: relative strength vs BTC is rising Displayed as: • Bullish breakout marker • Green structure line remains on chart as reference ________________________________________ 3. Weekly Breakdown (W BD) Triggered when: • Weekly close breaks below the lower Donchian band • Volume confirms expansion • Optional filter: relative strength vs BTC is weakening Displayed as: • Bearish breakdown marker • Red structure line remains on chart as reference ________________________________________ 4. Relative Strength vs BTC • Measures asset performance relative to BTC on a weekly basis • Helps identify: o True altcoin leadership o False breakouts driven only by BTC beta • Optional requirement for breakout validation ________________________________________ 5. Volume Confirmation • Weekly volume must exceed a moving average threshold • Filters out low-participation breakouts • Ensures institutional-grade participation ________________________________________ What the Indicator Is Signaling • Confirmed regime transitions • Entry into: o Sustained trends o Distribution phases o Structural breakdowns Once a breakout is confirmed: • The prior range is invalidated • The green/red line becomes support/resistance reference, not a trigger ________________________________________ How to Use It Best used for: • Determining whether the market is trending or ranging • Confirming whether weekly EMA squeezes are actionable • Managing exposure duration and risk tolerance Interpretation framework: • W BO + rising RS + volume → trend acceptance • W BO without RS → BTC-driven move (lower confidence) • No recent W BO / W BD → consolidation regime • W BD → risk-off, defensive posture
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tgaines17 tarafından
Coinbase/Binance Premium Histogram with SMA- Indicator Name and Purpose: The Coinbase/Binance Premium Histogram with SMA is a TradingView indicator designed to visualize the price differential, or premium, between Coinbase and Binance exchanges for a specified cryptocurrency base asset, such as BTC in BTCUSD. - Dynamic Symbol Construction: It automatically extracts the base currency from the current chart symbol and constructs the appropriate tickers for Coinbase (e.g., COINBASE:BTCUSD) and Binance (e.g., BINANCE:BTCUSDT). - Price Retrieval and Premium Calculation: The indicator fetches closing prices from both exchanges and computes the premium as the difference between the Coinbase price and the Binance price. - Histogram Visualization: The premium is plotted as a histogram in a separate pane below the main chart. Positive premiums (higher prices on Coinbase) are colored green, while negative premiums (higher on Binance) are colored red. - Simple Moving Average (SMA) Integration: A user-configurable SMA of the premium is included, with a default length of 14 periods, displayed as a gray line to offer a smoothed trend perspective. - Analytical Utility: This tool facilitates the examination of exchange-specific pricing variations, which may indicate potential arbitrage opportunities or market disparities. - Interpretation of the Premium: A positive Coinbase premium, indicating that Bitcoin trades at a higher price on Coinbase compared to Binance, often reflects strong buying pressure from U.S.-based investors and institutions. This heightened demand can signal potential upward momentum in Bitcoin's price, as it may precede broader market rallies driven by increased institutional interest and optimistic sentiment. Conversely, a negative premium suggests weaker U.S. demand or selling pressure, which could contribute to downward price movements. - Compatibility with Other Cryptocurrencies: The script is designed to function with all cryptocurrencies that have a USD trading pair on Coinbase and a USDT pair on Binance. It delivers the highest proven signal strength for Bitcoin, where the premium has historically served as a reliable indicator of price direction. The indicator has also demonstrated effectiveness for other assets, such as Ethereum, where a positive premium similarly signals robust U.S. demand and potential bullish momentum. It can be applied to coins like Solana as well, though signal reliability may vary depending on market dynamics and institutional participation.
Pine Script® göstergesi
zymmetric tarafından
Canal porcentual EMA 26 (Elder) + EMA 13This indicator is based on Alexander Elder’s swing trading framework and is designed to define value, overextension, and timing within an established trend. The core of the indicator is the 26-period Exponential Moving Average (EMA 26), which represents the **value zone**. Around this EMA, a **percentage-based symmetrical channel** is plotted. The upper band is calculated as EMA 26 plus a fixed percentage of the EMA, and the lower band as EMA 26 minus the same percentage. This creates overbought and oversold zones relative to value, independent of volatility. In Elder’s methodology, this channel is not a standalone signal generator. Its purpose is to provide **context**: * The upper channel marks areas of **overvaluation**. * The lower channel marks areas of **undervaluation**. * The EMA 26 itself represents the zone where profits are typically taken. The 13-period EMA (EMA 13) is added as a **timing tool**, not as a trend filter. While EMA 26 defines value and trend structure, EMA 13 helps identify short-term momentum shifts that can be used to time entries and exits. Typical usage according to Elder: * In an uptrend (EMA 26 rising), long trades are considered when price pulls back toward the lower channel and short-term momentum stabilizes or turns up. * In a downtrend (EMA 26 falling), short trades are considered when price rallies toward the upper channel and momentum weakens. * Profits are usually taken near the EMA 26, the value zone, rather than at the opposite channel. This indicator is intended for **swing trading**, not for breakout trading or mechanical “touch-and-trade” entries. The channel defines where trades should be looked for, while additional tools (trend analysis, momentum indicators, and risk management) are required to complete the trading decision. Used correctly, this script helps traders avoid chasing price, focus on high-probability pullbacks, and consistently trade from overextension back to value within the prevailing trend.
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danavillanueva tarafından
Azamet StratejiAzamet Strategy: Multi-Timeframe Williams Vix Fix & RSI Bands System This script is a comprehensive trend-following and reversal detection system designed to identify "Extreme Fear" (Bottoms) and "Extreme Euphoria" (Tops). It combines volatility-based indicators with momentum oscillators to provide a disciplined roadmap for medium to long-term investors. Core Logic & Methodology: Bottom Detection (WVF Green Zone): Utilizes the classic Williams Vix Fix algorithm to spot panic-selling events. Green bars on Weekly timeframes signal high-probability long-term accumulation zones. Top Detection (Inverse WVF Yellow Zone): A custom "Inverse WVF" logic that measures how far price has surged from its recent lows. It highlights "Yellow" zones where market greed and euphoria are at peak levels. Confirmed Exit Mechanism: To avoid exiting too early during strong bull runs, the strategy requires a minimum of 2 bars of euphoria (Yellow bars). The final "SELL" signal is triggered only after the euphoria fades (Yellow bars end), confirming a trend reversal. RSI Bands Targeting: Integrated LazyBear RSI Bands visualize the price level where RSI would hit 70, providing a clear dynamic resistance target on the chart. How to Use: BUY: Look for "AL" labels following Green WVF bars on Weekly or Daily timeframes for staggered entries. MONITOR: Prepare for profit-taking as the price approaches the Red RSI 70 Band. SELL: The "SAT - TREND BİTTİ" (Trend Ended) label triggers the primary exit point after the Yellow exhaustion bars disappear. Technical Parameters: Lookback Period: 22 (Standard for WVF) BB Length/StdDev: 20 / 2.0 (For volatility boundaries) Confirmation Rule: Min. 2 Yellow bars before a sell trigger.
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Azametgokturk820 tarafından
MA Ribbon (Horizontal Levels)📊 MA Ribbon (Horizontal Levels) MA Ribbon (Horizontal Levels) is a minimalist moving average tool that displays moving averages as horizontal price levels instead of traditional sloping lines. Rather than showing the historical path of each moving average, this indicator focuses exclusively on where each selected MA is currently located in price, allowing traders to treat moving averages as dynamic support and resistance levels. The result is a clean, uncluttered chart that preserves moving average structure without visual noise. 🔍 What Makes It Different No traditional moving average curves No shading, bands, or fills Each moving average is represented as a horizontal line at its current value Lines automatically update as price and the MA value change Designed to complement price action rather than dominate the chart This approach makes it easier to see key MA levels at a glance, especially when multiple averages are in use. ⚙️ Key Features ✅ Fully Customizable Moving Averages Select the moving average type: SMA EMA SMMA (RMA) WMA VWMA Choose the price source (e.g., close) Configure up to 10 independent moving averages ✅ Per-MA Controls Each moving average can be customized individually: Enable or disable any MA (use anywhere from 1 to 10) Set the MA period (length) Choose line color Adjust line thickness Select line style (solid, dashed, dotted) ✅ Horizontal Level Visualization Each MA is plotted as a horizontal line extending across the chart, representing the current value of that moving average. As the MA updates, the level shifts vertically, maintaining a clear and consistent reference point. 🧠 How to Use It This indicator is designed as a context and structure tool, not a signal generator. Common use cases include: Identifying dynamic support and resistance zones Visualizing where short-term and long-term MA levels are stacked Using MA levels as confluence with price action, VWAP, or volume-based tools Maintaining a clean chart while still respecting moving average structure Because the lines are horizontal, the indicator is especially useful for: Breakout traders Mean-reversion traders Market participants who focus on structure and levels rather than indicator signals 🎯 Who It’s For This indicator is ideal for traders who: Prefer minimal, uncluttered charts Think of moving averages as levels, not signals Want full control over MA appearance and behavior Use price action and structure first, indicators second Use this tool in conjunction with standard moving average indicators, treating these horizontal MA levels as complementary reference points rather than replacements MA Ribbon (Horizontal Levels) is built for traders who want clarity, flexibility, and structural insight — without sacrificing chart readability.
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austriancapitaltheory tarafından